952-836-5742
665 El Dorado Ln SE, Owatonna, MN for Sale
Multi-Family - FOR SALE
1/33
null | Request Cap Rate

665 El Dorado Ln SE
Owatonna, MN 55060


HIGHLIGHTS

  • STRATEGIC LOCATION & REGIONAL CONNECTIVITY
  • DIVERSIFIED AND RESILIENT EMPLOYMENT BASE
  • TOP-RANKED SCHOOL DISTRICT WITH NEW HIGH SCHOOL INVESTMENT
  • STRONG SUBMARKET FUNDAMENTALS
  • CONVENIENT ACCESS TO EVERYDAY AMENITIES
  • PROVEN OCCUPANCY PERFORMANCE

OVERVIEW

Cushman & Wakefield is pleased to exclusively offer for sale Eden Valley Place, a 49-unit townhome community ideally located in Owatonna, Minnesota. Eden Valley Place Townhomes presents the opportunity to acquire a well-maintained townhome community in Owatonna, Minnesota, one of Southern Minnesota’s most stable and desirable rental markets. The property benefits from strong historical occupancy, a diverse employment base anchored by major regional employers, and a strategic location along the Interstate 35 corridor, providing convenient access to both Rochester and the Twin Cities. Supported by limited multifamily supply, a highly regarded school district, and proximity to major retail, recreational, and community amenities. Eden Valley Place is well positioned to generate stable cash flow and long-term value appreciation. In addition to the opportunity for long-term appreciation, a new owner can realize near-term value through the continued lease-up to market rents, including rents that have already been achieved at the property. Additional upside may be available through the installation of individual water metering, allowing water expenses to be allocated directly to residents and reducing the property’s operating expenses. Furthermore, the asset is being offered at a basis below replacement cost, providing investors with an attractive opportunity to acquire quality housing in a market with significant barriers to new development. Eden Valley Place is being offered unpriced, with tours being scheduled by appointment only. Please contact a Cushman & Wakefield listing representative with any questions or to request a property tour.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

49

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Eden Valley Place

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2011

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

17-623-0101

ASK ABOUT THIS PROPERTY

Chris CollinsCushman & WakefieldMore Info
952-836-5742

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Chris CollinsCushman & WakefieldMore Info
952-836-5742

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.